Heading into 2023, Goldman was bearish on most asset classes, except commodities where the bank forecast a 43% gain as “supply shortages bite.” Since then the commodity picture has ebbed and flowed, and after commodities […]
Europe has imposed a ban on Russian diesel fuel and other refined oil products, slashing energy dependency on Moscow and seeking to further crimp the Kremlin’s fossil fuel earnings as punishment for invading Ukraine. Sunday’s […]
Authored by Nick Corbishley via NakedCapitalism.com, As the price of everything, including debt, continues to soar, life is getting harder and harder for the UK’s heavily indebted businesses… Business insolvencies in the UK surged by […]
US mines produced approximately $98.2 billion in nonfuel mineral commodities in 2022, an estimated $3.6 billion (~3.8%) increase over the 2021 revised total of $94.6 billion, the US Geological Survey announced Thursday. This information comes […]
Shell Plc’s natural gas business can continue to grow after making record profits in 2022, as the global thirst for the fuel no signs of slowing, said Chief Executive Officer Wael Sawan. After years of questions over […]
NEW YORK, Jan 27 (Reuters) – A potential U.S. recession and tough comparisons to a stellar 2022 are weighing on the prospects of energy stocks delivering an encore to last year’s stunning run, despite valuations […]
By Josh Owens of Oilprice.com, Europe is buying more diesel from the United States and Saudi Arabia in preparation of the EU ban on seaborne imports of Russian refined products, yet Europe still remains the […]
Copper price fell on Friday as a week-long holiday in China paused a rally that was fuelled by demand prospects in the world’s biggest consumer. Copper for delivery in March fell on the Comex market […]
Authored by Julianne Geiger via OilPrice.com, AAA: gasoline prices continue to climb throughout the U.S. Gasoline prices are up 11.8 cents over a week ago. Gasoline prices are rising along with the rise in WTI […]
Monday’s furious rally, which among other things was facilitated by the Sunday report from WSJ Fed mouthpiece Nick Timiraos that a 25bps Feb 1 rate hike by the Fed is a done deal, hit an […]
Copyright © 2026 | Sandstone Group